20
Oct
11:45
Tombador Iron mulls selling Brazilian operation
Australia-based Tombador Iron Limited (TIL) has received an offer for the acquisition of its mining project in Brazil, Kallanish learns from the miner.
“The board is currently reviewing the bid’s merits and value to shareholders,” the miner says. Although not revealing any details of the bid, TIL confirms the possible deal would enable the continuation of operations at the high-grade Sento Sé open-pit iron ore mine.
TIL halted productio…
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Very good overview of the weekly steel market.
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